Comment by Peter Roberts British businessman Sanjeev Gupta has announced a restructuring of his iron and steel making empire, using the very same strategy employed to build Australia’s steel industry, but on a global stage. As reported by @AuManufacturing, Gupta’s GFC Alliance is restructuring its UK steel and engineering assets, the Liberty Primary Steel works…
Biotechnology start-up Next Science (ASX: NXS) has shown Australian investors are prepared to support a research based manufacturer with an impressive debut on the stock exchange. Shares in Sydney-based Next Science, which carries our research and operations in the United States, rose 35 per cent on listing last week to $1.35. More than $35 million…
Victorian electric truck drive train producer, SEA Electric has received its first orders from the United States following a successful public debut. CEO Tony Fairweather said feedback on the company’s products displayed on Ford and Isuzu platforms at the ‘Work Truck Show’ in Indianapolis and ‘Advanced Clean Transportation Expo’ in April had been favourable. He…
Home solar photo-voltaic installations have surged 46 per cent in the first quarter, putting the sector on track to install more than 2,000 megawatts (MW) of capacity in a year for the first time. It was not long ago that a two thousand MW coal fired plant would be among Australia’s largest, cost billions and…
Listed goat’s milk infant formula and organic baby food producer, Bubs Australia (ASX: BUB) has entered into a four year partnership with the Chemist Warehouse retail group. The partnership will see Bubs products sold in Australia and New Zealand through 450 pharmacies, with the retailer progressively taking a strategic shareholding in the group, and aiding…
Sydney based composites manufacturer, Quickstep Holdings (ASX: QHL) has reported another strong quarter of growth, with year to date sales now up 19 per cent on the same period last year. The manufacturer of aerospace and aviation composites reported third quarter sales up 13 per cent to $16.5 million, bringing sales so far this year…
The global Cook Medical Group, which runs its Asian businesses from a Brisbane base, has been named by Forbes magazine as one of America’s best large employers. The company, which makes endovascular stent-grafts and IVF equipment such as micro-needles in Brisbane, has been honoured by the magazine for the second year in a row. Nicky…
By Stuart Corner US based TechSci Research has published an assessment of the Australian IoT market, broken down by platform, component, application and competition and with an assessment of the outlook and opportunities to 2024. TechSci Research says the Australian IoT market was worth $7.9b in 2018 and it projects the market to grow at…
Energy provider AGL (ASX: AGL) has secured the rights to develop and operate a massive 250-megawatt pumped hydro energy storage project at a former copper mine in the Adelaide Hills. AGL reported the project, part of South Australia’s planned move from today’s 50 per cent to 100 per cent renewable power, was at Hillgrove Resources…
Magnis Energy Technologies (ASX: MNS) has reported positive progress by Imperium3 Townsville (iM3 TSV) developing a business case for a $2 billion lithium-ion battery cell gigafactory in Townsville. Magnis is one third owner of Imperium which said findings supported the radid development in both the business case and technical solution for a 12 GWh production…
